Fly Intel: Top five analyst upgrades - InvestingChannel

Fly Intel: Top five analyst upgrades

Catch up on today’s top five analyst upgrades with this list compiled by The Fly: 1. Northrop Grumman (NOC) upgraded to Outperform from Market Perform at Cowen with analyst Cai von Rumohr saying the company is “ideally positioned” for the Department of Defense’s National Defense Strategy. 2. LabCorp (LH) upgraded to Buy from Neutral at Mizuho with analyst Ann Hynes saying LabCorp is one of the few companies that can say it is part of the COVID-19 solution. 3. Yum! Brands (YUM) and Restaurant Brands (QSR) were upgraded to Buy from Hold at Stifel. 4. Applied Materials (AMAT) upgraded to Buy from Neutral at B. Riley FBR with analyst Craig Ellis saying last night’s fiscal Q2 results were below estimates as feared semiconductor supply issues surfaced, but Q3’s color suggests upside while a Q4 quarter-over-quarter growth view provides solid near-term growth visibility. 5. Wix.com (WIX) upgraded to Outperform from Market Perform at Raymond James with analyst Aaron Kessler citing a significant acceleration since April for its website presence solutions. This list is just a portion of The Fly’s full analyst coverage. To see The Fly’s full Street Research coverage, (click here.):(http://thefly.com/streetResearch.php)